Petroleum Refining
Data updated July 2026
5 companies · FY2025
Reading the Petroleum Refining CEO Pay Landscape (SIC 29, FY2025)
The Petroleum Refining industry, classified under 2-digit SIC code 29, had 5 SEC-reporting public companies disclose CEO pay ratio data in fiscal year 2025. Across that set of firms, the median CEO-to-worker pay ratio was 74:1 and the average was 110:1. Median CEO total compensation in the sector was $6.2M, with the sector-wide average at $11.4M. These figures are aggregated from DEF 14A proxy statements filed under Section 953(b) of the Dodd-Frank Act, which requires every U.S.-listed reporting company to compare its CEO's total compensation against a representative median employee.
Pay dispersion inside this industry is substantial. The 25th percentile CEO in Petroleum Refining earned $2.8M, while the 75th percentile CEO earned $14.8M - a spread that shows how firm size, equity-heavy compensation packages, and performance-linked incentives can drive very different outcomes even among peers sharing the same SIC code. When the average and median ratios are close, as they are here, pay practices in the sector are relatively uniform and the median is a reliable representative value.
Below you can scan each of the 15 Petroleum Refining companies PlainCEOPay currently tracks in this SIC group, with reported CEO total compensation, median worker pay, and individual pay ratios. Company pages show how each available filing compares with this industry benchmark. The current dataset does not include a CEO name or an itemized compensation breakdown for each company. All displayed figures are drawn from SEC EDGAR filings; they are not estimated, imputed, or projected.
Companies in Petroleum Refining (15)
| Company | CEO Pay | Median Worker | Pay Ratio | FY |
|---|---|---|---|---|
| Exxon Mobil CorpSEC EDGAR DEF 14A, CIK 34088 | $36.9M | $185K | 199:1 | 2023 |
| Exxon Mobil CorpSEC EDGAR DEF 14A, CIK 34088 | $33.1M | $183K | 181:1 | 2025 |
| Chevron CorpSEC EDGAR DEF 14A, CIK 93410 | - | - | 175:1 | 2025 |
| Chevron CorpSEC EDGAR DEF 14A, CIK 93410 | - | - | 151:1 | 2023 |
| Marathon Petroleum CorpSEC EDGAR DEF 14A, CIK 1510295 | $24.1M | $176K | 137:1 | 2023 |
| Valvoline IncSEC EDGAR DEF 14A, CIK 1674910 | $4.3M | $32K | 132:1 | 2023 |
| Valvoline IncSEC EDGAR DEF 14A, CIK 1674910 | - | - | 118:1 | 2024 |
| Quaker Chemical CorpSEC EDGAR DEF 14A, CIK 81362 | $4.8M | $46K | 105:1 | 2023 |
| Delek US Holdings, Inc.SEC EDGAR DEF 14A, CIK 1694426 | $7.8M | $89K | 87:1 | 2023 |
| Quaker Chemical CorpSEC EDGAR DEF 14A, CIK 81362 | $3.7M | $50K | 74:1 | 2025 |
| Delek US Holdings, Inc.SEC EDGAR DEF 14A, CIK 1694426 | $130K | $130K | 59:1 | 2025 |
| Cvr Energy IncSEC EDGAR DEF 14A, CIK 1376139 | $8.7M | $147K | 59:1 | 2025 |
| Cvr Energy IncSEC EDGAR DEF 14A, CIK 1376139 | $4.4M | $131K | 34:1 | 2023 |
| Vertex Energy Inc.SEC EDGAR DEF 14A, CIK 890447 | $1.2M | $109K | 11:1 | 2023 |
| PBF Energy Inc.SEC EDGAR DEF 14A, CIK 1534504 | $391K | $195K | 2:1 | 2023 |
Frequently Asked Questions
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Related
Every figure on PlainCEOPay is rendered directly from SEC EDGAR executive compensation filings, no number is typed in by an editor. Industry benchmarks are computed directly from SEC EDGAR filings, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.